She had me when she said both political parties were corrupt. But something about the office decor, and her (extra) enunciation kept me back. Fed conspiracy theorists need to pay more attention to presentation in their efforts to win converts. Thomas Paine eats slow-talking, Fed tin-hatters for breakfast, lunch, dinner and snacks. That guy can rouse a rabble.
Here are my questions:
What currency (commodity) do the foreign owners of the Fed have their booty stashed in? Because it can't be the Buck with the Fed balance sheet explosion.
How does the secret cabal actually feel about Bernanke's partial funding for the $14 trillion bailout-backstop?
And their thoughts on the debt monetization experiment shrouded in quantitative easing?
And since Lehman was (is?) one of the owners of the private Federal Reserve, why were they unable to orchestrate their own bailout? Why did the Fed say no to one of its owners?
And what happened to Lehman's ownership stake in the Fed when they filed for bankruptcy?
I question because I care. I'm in the anti-Fed camp in a general sense borne of an antipathy for bailouts and a residual loathing for the AIG-Goldman rescue and payouts at par, orchestrated by Bernanke. So I'm on your side in this battle. I see Bernanke as a deluded Keynesian who has spent his life studying and promoting a useless theory. Plus he missed the housing bubble, failed to adequately reguate Wall Street, and yet is still treated heroically by the MSM.
But I still have questions, another being the following: if we went to a gold-based monetary system again and eliminated fractional reserve lending, what would replace credit creation as a driver of growth?
Before you watch the 2nd clip, as a disclaimer let me say: pay your taxes to the IRS. I do not endorse the not-so-subtle assertion that the IRS is unconstitutional. I'm basically resigned to the cold reality that until a younger Ron Paul appears on the scene, wins the Presidency and cuts the federal government by 50%, we're gonna have to live with big government and big taxes.